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Segment and Related Information
 3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Segment and Related Information
Segment and Related Information

We have four reportable segments: S&P Ratings, S&P Capital IQ, S&P DJ Indices and C&C. Our Chief Executive Officer is our chief operating decision-maker and evaluates performance of our segments and allocates resources based primarily on operating profit. Segment operating profit does not include unallocated expense or interest expense as these are costs that do not affect the operating results of our segments.

A summary of operating results by segment for the three months ended March 31 is as follows: 
 
2015
 
2014
(in millions)
Revenue
 
Operating Profit
 
Revenue
 
Operating Profit
S&P Ratings 1
$
606

 
$
291

 
$
569

 
$
240

S&P Capital IQ
320

 
63

 
301

 
53

S&P DJ Indices
143

 
95

 
137

 
91

C&C
225

 
85

 
211

 
70

Intersegment elimination 2
(21
)
 
—

 
(22
)
 
—

Total operating segments
1,273

 
534

 
1,196

 
454

Unallocated expense
—

 
(33
)
 
—

 
(34
)
Total
$
1,273

 
$
501

 
$
1,196

 
$
420

1 
2015 includes a benefit of $35 million related to legal settlement insurance recoveries, partially offset by $29 million of legal settlement charges.
2 
Revenue for S&P Ratings and expenses for S&P Capital IQ include an intersegment royalty charged to S&P Capital IQ for the rights to use and distribute content and data developed by S&P Ratings.

See Note 2 — Acquisitions and Divestitures and Note 9 — Restructuring for additional actions that impacted the segment operating results.